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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office Spaces
13250 56th St Ste 101 Temple Terrace, FL 33617-1165
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-0296664
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,921 SF
Lot
0.07 ac (2,955 SF)
Zoning code
CO
APN
T1028199BN000000001010
UPID
US18-0296664
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$771k
Blend (final)
Blend
$670k
Owner & transaction history
Ramon J Santiago Md Pa · 12 yrs held
Ramon J Santiago Md Pa
since 2013
3 recorded transactions
Zoning & alternative use
CO · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
53.91 ac
Source
Realmo
Top alternative use upside
Medical building
$790,000
+30.7%
Neighborhood: shopping center
$760,000
+25.8%
Retail stores
$650,000
+7.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Temple Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Terrace submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Current use
MEDICAL BUILDING
$790,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$565,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$555,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$229 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,231
Tax year 2023
Assessed value
$583,470
Assessed 2023
Previous assessed
$514,313
+13.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$100
Assessed improvement
$583,370
Land market value
$100
Improvement market value
$583,370
Total market value
$583,470
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,921 SF
Lot
0.07 ac (2,955 SF)
Zoning code
CO
APN
T1028199BN000000001010
UPID
US18-0296664
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CO · Temple Terrace, FLZoning CO · permitted uses
CO · Temple Terrace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
53.91 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$605,000
MEDICAL BUILDING
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$760,000
RETAIL STORES
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$555,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ramon J Santiago Md Pa
Individual
Mailing address
13250 N 56TH ST STE #101, TEMPLE TERRACE, FL 33617-1165
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2013
$350,000
Ramon J Santiago Md Pa
Family Doctors Of Tampa LLC
Warranty Deed
$350,000 · Bank Of Tampa
Apr 26, 2007
$696,400
Family Doctors Of Tampa LLC
Mis 56 LLC
Warranty Deed
$561,965 · Bankatlantic
Apr 11, 2007
—
Mis 56 LLC
Mohamad Iqbal Saleh Md Pa
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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